Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[JayJuanGee]

Well this is shit.

rjclarke:   You cannot truly be surprised, can you?

This remains within the bounds of a pretty much a normal correction cycle in BTClandia (including accounting for some of the larger cryptolandia dynamics), no?

Sure, we never know for sure, but so far, what is happening is not really outside of the bounds of largely reasonable expectations*, right?

*within 30% to 50% bounds (I just threw in percentages to attempt to help with our connection-ness  -  )

[Ibian]

Do you mind disclosing what are your current BTC buy/sell price increments, jojo, approximately?  Or, anyone else interested in this topic?

Well I WAS selling 10% of my holdings with every doubling, but with clonecash suddenly and unexpectedly giving me enough fiat to last a few years, I'd much rather just wait for higher prices and sell a bit as and when I eventually need it. Hoping for a drop to about 10k to buy back my most recent sales, actually.

[JayJuanGee]

Do you mind disclosing what are your current BTC buy/sell price increments, jojo, approximately?  Or, anyone else interested in this topic?

Well I WAS selling 10% of my holdings with every doubling, but with clonecash suddenly and unexpectedly giving me enough fiat to last a few years, I'd much rather just wait for higher prices and sell a bit as and when I eventually need it. Hoping for a drop to about 10k to buy back my most recent sales, actually.

You are playing with really BIG increments, Ibian, which is definitely fair enough.  


As long as bitcoin prices continue to go up (which I expect that they are going to keep on going up, once we get through this rough period.. hahahahaha), I might evolve into much BIGGER increments, but I have gotten so used to my system, that I am NOT too likely to evolve my increments to such a GREAT level as to play "doubling" increments..   


Doubling seems to be too hands off for my anticipated ongoing interest levels in bitcoin and/or possibly other crypto in the future, but surely, considering doubling is not out of the question regarding a possible future status (of not trading so much).     Accordingly, I can imagine that it can be kind of nice to not be chasing orders.

[PoolMinor]

Coindesk carrying a story from Reuters re another Chinese ban, annual Chinese fud

Looks like my ATH guess for 4 of February not going to happen....

February 4 2018

Because my chart tells me it is just before Chinese New Year annual ban.

[Heater]

Poor old Dentacoin is having a bad day - down 45% so far and still falling.

[HairyMaclairy]

I love it.  Tether is the only coin in the top 100 in the green.

[Neo_Coin]

I love it.  Tether is the only coin in the top 100 in the green.

Decision Token +5,6%  
https://coinmarketcap.com/currencies/decision-token/

[HairyMaclairy]

I love it.  Tether is the only coin in the top 100 in the green.

Decision Token +5,6%  
https://coinmarketcap.com/currencies/decision-token/

Rank 159 !  Doesn’t count ! 

[pawel7777]

I love it.  Tether is the only coin in the top 100 in the green.

Not anymore. Currently -0.41% as per CMC. All top 100 in red. What a time to be alive

[Phil_S]

From ATH on Dec 17 to this on Jan 16... what a month.

[HairyMaclairy]

Goddamnit where’s Tera to tell us we are all going to $3k. And that $3k is generous. 

[Ibian]

Do you mind disclosing what are your current BTC buy/sell price increments, jojo, approximately?  Or, anyone else interested in this topic?

Well I WAS selling 10% of my holdings with every doubling, but with clonecash suddenly and unexpectedly giving me enough fiat to last a few years, I'd much rather just wait for higher prices and sell a bit as and when I eventually need it. Hoping for a drop to about 10k to buy back my most recent sales, actually.

You are playing with really BIG increments, Ibian, which is definitely fair enough.  


As long as bitcoin prices continue to go up (which I expect that they are going to keep on going up, once we get through this rough period.. hahahahaha), I might evolve into much BIGGER increments, but I have gotten so used to my system, that I am NOT too likely to evolve my increments to such a GREAT level as to play "doubling" increments..   


Doubling seems to be too hands off for my anticipated ongoing interest levels in bitcoin and/or possibly other crypto in the future, but surely, considering doubling is not out of the question regarding a possible future status (of not trading so much).     Accordingly, I can imagine that it can be kind of nice to not be chasing orders.

I actually have a different setup now. I make a bit on the side by buying and selling for people, taking a percentage with each trade. I keep the profits in fiat, that way I don't have to touch my stash. And then on the occasions where the price dips below a previous month, I spend the fiat for that month on bitcoin. Which I just did. Just made something like 20% over what I would have gotten for buying bitcoin straight up through december.

It's not much, but it's safe and steady growth. I accumulate money over time rather than spend it like everyone else. Good position to be in.

[Torque]

I think it's Chinese holders selling. The Chinese gov is going to block access to exchanges like bitfinix, bittrex etc., so chinese people have no option but to sell.

https://www.bloomberg.com/news/articles/2018-01-15/china-is-said-to-escalate-crackdown-on-cryptocurrency-trading

And what perfectly timed FUD!

Uncanny that the news article and subsequent dump managed to touch the 30 MA day cross down on the 3d chart! What amazing coincidence. /s

   

[tonyq]

This.

[Lontonbit]

This.

Except for of coarse the price of everything

[BitcoinBunny]

Voyager 1 & 2 went up and will never come down.  

[RealMachasm]

I got into Bitcoin for the idealism. I believed that this new era of crypto would empower the masses and wrestle control away from the banks.
Do you know what? I still believe!
Price of BTC against the dollar will eventually become irrelevant.
Keep hodling, I know I am.

[Last of the V8s]

Jamie Dimon had to sell off some coin so he can pay these bonuses.

[orpington]

What the fuck ever...

Pretty classic double-bottom really

[Torque]

Voyager 1 & 2 went up and will never come down.  

Space shuttle Challenger went up and never came d...

Uhhh, bad joke.